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Cost Engineer Jobs in Tennessee (NOW HIRING)

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Cost Engineer

Murfreesboro, TN · On-site

$85K - $110K/yr

The Cost Engineer prepares cost analyses, estimates, and quotations that support new program launches, evaluating material, labor, and overhead costs across fabrication and assembly processes. This ...

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Bachelor's Degree in engineering/science, preferred, or equivalent experience in cost estimation/cost engineering/cost accounting. EXPERIENCE : * Project management, financial analysis, cost ...

Bachelor's Degree in engineering/science, preferred, or equivalent experience in cost estimation/cost engineering/cost accounting. EXPERIENCE:Project management, financial analysis, cost accounting ...

Project Cost Engineer | Req ID: 17272 | HR Contact: Taylor J VALLEY | Location: Remote Worker - Georgia, Building Envelope - Corp Nashville, TN, Remote Worker - Alabama, Remote Worker - Florida ...

Position Summary The Proposal Engineer - Pricing & Cost is responsible for developing technically sound and commercially competitive machine tool proposals by integrating engineering analysis with ...

Position Summary The Proposal Engineer - Pricing & Cost is responsible for developing technically sound and commercially competitive machine tool proposals by integrating engineering analysis with ...

Ops Research Anst Sr Prin II

Kingsport, TN · On-site +1

$99K - $136K/yr

As a Senior Cost Engineer, you will play an integral role in ensuring the successful modernization our nation's Munitions Industrial Base. Responsibilities: * Create stochastic modeling and measuring ...

Utilize existing estimating templates to generate assembly-level cost estimates for projects based on detailed scope of work and 30-50% engineering design. * Facilitate the identification of changes ...

Utilize existing estimating templates to generate assembly-level cost estimates for projects based on detailed scope of work and 30-50% engineering design. * Facilitate the identification of changes ...

Our industry-leading experts in engineering and consulting are committed to driving positive change ... As a Cost Estimator in Tetra Tech's Disaster Recovery Cadre, you will support FEMA Public ...

Our industry-leading experts in engineering and consulting are committed to driving positive change ... As a Cost Estimator in Tetra Tech's Disaster Recovery Cadre, you will support FEMA Public ...

Using a disciplined systems engineering approach that is supported by an innovative software ... The cost estimator also will provide leadership for the development of LCB (Life Cycle Baseline ...

Our industry-leading experts in engineering and consulting are committed to driving positive change ... As a Cost Estimator in Tetra Tech's Disaster Recovery Cadre, you will support FEMA Public ...

Our industry-leading experts in engineering and consulting are committed to driving positive change ... As a Cost Estimator in Tetra Tech's Disaster Recovery Cadre, you will support FEMA Public ...

Our industry-leading experts in engineering and consulting are committed to driving positive change ... As a Cost Estimator in Tetra Tech's Disaster Recovery Cadre, you will support FEMA Public ...

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Cost Engineer information

See Tennessee salary details

$41.3K

$88.1K

$126.6K

How much do cost engineer jobs pay per year?

As of Aug 31, 2026, the average yearly pay for cost engineer in Tennessee is $88,082.00, according to ZipRecruiter salary data. Most workers in this role earn between $73,500.00 and $103,500.00 per year, depending on experience, location, and employer.

What is a cost engineer?

Cost Engineers are professionals who specialize in estimating, managing, and controlling the costs associated with engineering projects. They analyze project plans, materials, labor, and time requirements to develop accurate cost projections and budgets. Cost Engineers play a crucial role in helping organizations optimize resources, minimize expenses, and ensure projects are completed within financial constraints. Their expertise is essential in industries such as construction, manufacturing, and energy.

What does a cost engineer do?

As a cost engineer, you estimate the various costs associated with a project. You can perform your duties in a variety of settings and industries. Many cost engineers work in construction, manufacturing, or other industrial enterprises. In these positions, your responsibilities focus on using technical knowledge to forecast expenses for all phases of the project accurately. You help create a budget that includes time, materials, labor costs, and other factors. These other factors may include things like travel, taxes, and security needs. Cost engineers use specialized software to organize their cost figures and compile information for creating a budget.

What are the key skills and qualifications needed to thrive as a cost engineer, and why are they important?

A Cost Engineer requires a solid background in engineering, mathematics, or finance, often supported by a relevant degree and experience with budgeting and cost estimation. Familiarity with cost management software (like Primavera or SAP), project management systems, and industry certifications such as AACE or PMP are typically important. Strong analytical thinking, attention to detail, and effective communication help Cost Engineers collaborate with project teams and stakeholders. These competencies are crucial to ensure project costs are accurately estimated, controlled, and aligned with business objectives.

How does a cost engineer typically collaborate with project managers and other departments during a project's lifecycle?

Cost Engineers work closely with project managers, procurement teams, and engineering staff to ensure project costs remain within budget and financial risks are minimized. They participate in regular project meetings, provide cost forecasts, and analyze potential cost overruns. Their role often involves reviewing vendor quotes, coordinating with schedulers to align budgets and timelines, and preparing detailed cost reports for stakeholders. This cross-functional collaboration is essential to proactively identify issues and support informed decision-making throughout the project.

What is the difference between Cost Engineer vs Cost Estimator?

AspectCost EngineerCost Estimator
CredentialsTypically requires a degree in engineering, construction management, or related field; certifications like AACE International's CCP or CEOften holds a degree in construction management, engineering, or related; may also have certifications like AACE CCP
Work EnvironmentWorks on project cost control, budgeting, and financial analysis during project executionFocuses on preparing cost estimates for project bids and proposals
Industry UsageUsed throughout project lifecycle, especially in engineering and construction projectsPrimarily involved during project planning and bidding phases

While both roles involve cost analysis, a Cost Engineer manages ongoing project costs and controls, whereas a Cost Estimator focuses on initial cost projections for bids. Understanding these differences helps in selecting the right career path or job role in the construction and engineering industries.

How much do cost engineers make in the US?

Cost engineers in the US typically earn a median annual salary of around $80,000 to $100,000, with experienced professionals and those in senior roles earning over $120,000. Salaries vary based on industry, location, experience, and certifications such as AACE International's certifications.

What degree do you need to be a cost engineer?

A cost engineer typically needs a bachelor's degree in engineering, construction management, finance, or a related field. Some employers prefer candidates with a master's degree or professional certifications such as the Certified Cost Professional (CCP) or Certified Estimating Professional (CEP). Strong analytical skills and experience with project management tools are also important.

What are the most commonly searched types of Cost Engineer jobs in Tennessee?

The most popular types of Cost Engineer jobs in Tennessee are:

What job categories do people searching Cost Engineer jobs in Tennessee look for?

The top searched job categories for Cost Engineer jobs in Tennessee are:

What cities in Tennessee are hiring for Cost Engineer jobs?

Cities in Tennessee with the most Cost Engineer job openings:

What are popular job titles related to Cost Engineer jobs in TN?

For Cost Engineer jobs in TN, the most frequently searched job titles are:

Infographic showing various Cost Engineer job openings in Tennessee as of August 2026, with employment types broken down into 1% As Needed, 86% Full Time, 9% Part Time, and 4% Contract. Highlights an 92% Physical, 3% Hybrid, and 5% Remote job distribution, with an average salary of $88,082 per year, or $42.3 per hour.

Cost Engineer

VanSpeag Group

Murfreesboro, TN • On-site

$85K - $110K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 2 days ago

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Job description

The Cost Engineer prepares cost analyses, estimates, and quotations that support new program launches, evaluating material, labor, and overhead costs across fabrication and assembly processes. This role partners closely with Purchasing, Marketing, and Sales to align target costs with program requirements and budget expectations.

KEY RESPONSIBILITIES

●       Prepare cost analyses evaluating material, labor, and overhead costs for part fabrication and assembly

●       Analyze blueprints, photos, charts, and other data to estimate and set target costs

●       Assess cost effectiveness of products and projects, coordinating with other functions to adjust estimates

●       Maintain records for product cost and burden rate source documents

●       Conduct time studies to establish labor estimate standards

●       Break down components from drawings and complete Requests for Quotation for Purchasing

●       Prepare Process Design sheets and quotations for Marketing and Sales

●       Estimate part weight and/or mold cost from drawings

●       Review raw material and labor requirements for budget purposes

REQUIRED QUALIFICATIONS

●       Bachelor's degree in engineering/science preferred, or equivalent experience in cost estimation, cost engineering, or cost accounting

●       Background in project management, financial analysis, cost accounting, and data analysis

●       Proficiency with MS Office, ERP systems, and financial analysis software

●       Thorough knowledge of product variance calculations and product costing structure

●       Strong interpersonal and analytical skills; able to work independently and overtime as required

WHAT SETS THIS ROLE APART

●       Direct exposure to new program launches and cross-regional collaboration with overseas teams

●       Opportunity to influence costing strategy from early design phase through production launch

●       Career growth path within a global automotive interiors manufacturer

COMPENSATION & DETAILS

●       Compensation: Competitive, commensurate with experience (details available upon inquiry).

●       Classification: Exempt.

●       Location: Confidential — disclosed to qualified candidates upon initial screening.

●       Employment Type: Full-Time.

●       Reports To: Manager / General Manager of Cost Control (New Programs).

Company Description

OPPORTUNITY OVERVIEW
VanSpeag Group LLC (VSG) is conducting a confidential search on behalf of n independent, medium-sized supplier in this market. This is a critical leadership role responsible for building and sustaining a high-performance quality culture across a fast-paced, precision-driven manufacturing environment.
Due to the confidential nature of this search, the client name will be disclosed only to qualified candidates who advance in the selection process.